Agricultural Policy and Trade Reform
Potential Effects at Global, National and Household Levels
Widespread agricultural policy reform would undoubtedly improve global economic welfare but would also produce a complex pattern of economic winners and losers. Using a combination of global, national and household level analysis, this study examines such distributional implications focusing especially on differences in policy effects among countries and between different sectoral and household constituencies within countries. Case study summaries are included for Brazil, Italy, Malawi, Mexico, and the United States.
Also available in: French
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Conclusions and Policy Inferences
Trade protection and direct budgetary payments increase significantly what OECD farmers would otherwise earn from selling their output at world market prices. In both developed and developing countries (though not nearly so much) trade and domestic agricultural policy tends to favour farmers over other economic agents in society.
Also available in: French
- Click to access:
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Click to download PDF - 415.87KBPDF
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Click to Read online and shareREAD